Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in 1997, until he became CEO of the company in 2016. Following the merger of Viacom and CBS, he became CEO of the combined company…
Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health…
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company…
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a…
NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead…
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down…
The wealth gap between rich millennials and the rest of their age group is the largest of any generation,…
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession…
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out…